Low Income Apartments and Affordable Housing For Rent in Allen County, IN

Discover affordable housing in Allen County where there are 104+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Prestwick Square of Ft. Wayne

502 Prestwick Square Dr, Fort Wayne, Indiana 46816

South Oak Villas

514 W 2nd Ave, Garrett, Indiana 46738

128 E Dewald St

128 E Dewald St, Fort Wayne, Indiana 46803

Washington Place

4500 W Washington Center Rd, Fort Wayne, Indiana 46818

calendar_today Opened: Nov 14
Open Until Further Notice

Reported On February 23rd, 2024 by Ayat Elkarib

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Allen County, Indiana
$20.63/hour
$13.38 (+184%) more than Indiana minimum wage and $13.38 (+184%) more than the Federal minimum wage.
Learn More About Allen County, Indiana Affordable Housing ↓

What HUD offices serve Allen County, Indiana?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV) programs for Allen County, Indiana.

Go to the Indiana Public Housing and Low-Income Apartments Waiting Lists page for openings near Allen County.

How many renters live in Allen County, Indiana?

The County of Allen County has 391,449 people living in 155,681 households.

There are 100,909 renters living in 47,270 renter households in this County. Renters make up 25.78 percent of the population living in Allen County.

What is the rental market like in Allen County, Indiana?

There are an estimated 166,010 housing units in the Allen County area. Of these, 49,828 units are rental homes, making up 30 percent of the housing market. For every renter household in Allen County, Indiana, there are 1 rental units.

What is the vacancy rate for rentals in Allen County?

The rental vacancy rate in Allen County is 4 percent. This is a lower than average vacancy rate. When rental vacancy rates are low there are fewer available units. Rents tend to be higher as more people compete for scarce housing.

How many rental units are in Allen County for each bedroom size?

Occupied Rental Units by Size in Allen County
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
2,093 11,143 17,774 12,293 3,372
Occupied Rental Units by Size in Allen County

A large number of apartments in Allen County have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Allen County are overburdened by housing costs?

Among renter households in this market, 42 percent have housing cost burden. Further, 23 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Allen County

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $826 to $1,499. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $826
One BR $895
Two BR $1,089
Three BR $1,379
Four BR $1,499
2024 Fair Market Rents in Allen County, Indiana

How many units are rented at Fair Market Rent (FMR) in Allen County?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 723 35 percent
One BR 6,959 62 percent
Two BR 9,738 55 percent
Rental Units Below FMR in Allen County, Indiana

How many affordable rental units are in Allen County?

There are a variety of federal affordable housing programs serving households in Allen County, Indiana including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 3,709
Public Housing 655
Section 8 Project-Based Rental Assistance 1,516
Section 202 Supportive Housing for the Elderly 34
Section 811 Supportive Housing for Persons with Disabilities 95
USDA Section 515 Rural Rental Housing 52
Tracked Units by Federal Program in Allen County, Indiana

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Allen County, Indiana

Allen County features 3,693 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Allen County, Indiana

There are 3,365 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Allen County.

Housing Choice Vouchers in Allen County, Indiana

On average, Section 8 Housing Choice vouchers pay Allen County landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Allen County.

The maximum amount a voucher would pay on behalf of a low-income tenant in Allen County, Indiana for a two-bedroom apartment is between $980 and $1,198.

Sourced from federal housing data and AffordableHousingOnline.com research.